ADVERTISEMENT

EU calls for urgent talks on Belarus-Russia gas price dispute

Initiatives

A solution to a dispute between Belarus and Russia over the pricing of gas imports must be found urgently to avoid disrupting supplies to the European Union, Energy Commissioner Andris Piebalgs said.

„The Commission is following the situation very closely since it may affect gas supplies to the European Union,” said Piebalgs in an e-mailed statement today. „I call on the two parts to reach as soon as possible a satisfactory agreement.”

Negotiations between the Belarusian authorities and OAO Gazprom of Russia, the world's biggest gas producer, were resumed by telephone today after Belarus broke them off on December 26. That followed a demand by the Russian company that Belarus gives up half of Beltransgaz, the country's pipeline operator, in exchange for preferential pricing until 2011. (Bloomberg)

ADVERTISEMENT

OECD projects Hungary GDP growth will slow to 5% in 2022 Analysis

OECD projects Hungary GDP growth will slow to 5% in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.